Kevin Booker, Kurt Rappaport, Anthony Mariotti & Judy Lin Sell Malibu SFR For $17.5M
11658 Ellice St, Malibu, CA, USA
$17,500,000
$1,443/SF
Building Size
12,123 SF
Asset Type
Single Family Residence
Closing
Jul 27, 2021
AI
Located in the desirable market of Malibu, the property at 11658 Ellice St. recently underwent a successful sale transaction. This single-family residential (SFR) asset boasts a spacious total area of 12,123 square feet, offering ample space for comfortable living. The property was listed with an asking price of $19,995,000, indicating its prestige and value. Ultimately, the sale closed at a price of $17,500,000, reflecting the negotiations and agreement reached between the parties involved in the deal.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $17,500,000
- Asking Price: $19,995,000
- Square Footage: 12,123
- Price per Square Foot: $1,443
- Address: 11658 Ellice St.
- Market: Malibu
The transaction was facilitated by a team of reputable brokers, including Kurt Rappaport, Kevin Booker, Judy Lin, and Anthony Mariotti from EAHomes. Their expertise and professional representation played a key role in the successful completion of the sale. Their combined efforts ensured a smooth and efficient process, benefitting both the buyer and the seller of the property.
Players
Malibu Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93